Aswaq Developments and Project Management announced the launch of the second phase of “Solaria” in El Shorouk City.
The mixed-use project spans 6,400 square meters. It includes commercial, administrative, and medical facilities. The project distributes the units over a ground floor and three upper levels.
Eng. Moamen Rehan, Chairman of Aswaq Developments, said that Solaria represents a milestone for the company in El Shorouk City.
He explained that the project offers a wide range of integrated and diverse services. Moreover, this is the company’s fourth project in the city. It follows the successful delivery of Mercado Mall, City Hub Mall, and Arena Mall.
Rehan confirmed that the investment value exceeds EGP 1 billion. He stressed that Solaria serves residents of El Shorouk and the wider East Cairo area. Because of its prime location, the project has strong investment appeal and offers opportunities for both clients and investors.
Aswaq Developments fully sold out phase one of Solaria, as revealed by Head of Sales Amr Ezzab. With the launch of phase two, the company expects strong sales momentum. The company supports sales with flexible unit sizes ranging from 30 to 200 square meters. Buyers can also merge units to suit diverse commercial, administrative, and medical needs.
Ezzab highlighted that Solaria offers a comprehensive destination.The project meets the growing demand in El Shorouk. The city is witnessing rapid urban and investment growth.which makes it one of the most promising locations in East Cairo.
The project reflects Aswaq Developments’ vision of building multi-use projects. It combines premium services with sustainable investment value. Rehan emphasized that Solaria strengthens the company’s reputation as one of Egypt’s leading real estate developers.
He added that the company delivers innovative solutions that align with market needs. At the same time, the project supports the state’s plans to establish integrated urban communities.